NYTIMES/ The euro's continuing decline is making Euroland uncomfortable as it underlines Europe’s underperformance vs the U.S. “It’s more of a euro weakness than a dollar strength,” says Ulf Schneider. “The whole world is watching, and there is some doubt about the euro.” Analysts predict the euro will continue declining in the next year as the U.S. grows quicker than Europe. The euro peaked near $1.60 in July 2008 and it plunged to $1.2453 in November 2008.
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